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/C O R R E C T I O N from Source -- Silver Viper Minerals Corp./

/C O R R E C T I O N from Source -- Silver Viper Minerals Corp./ Canada NewsWire ...

articleSilver Viper Minerals Corp.June 3, 20204/company/silver-viper-minerals-corp/news/c-o-r-r-e-c-t-i-o-n-from-source-silver-viper-minerals-corp
/C O R R E C T I O N from Source -- Silver Viper Minerals Corp./

About this update from Silver Viper Minerals Corp.

[{"type":"text","content":"\n\n\n\n\n/C O R R E C T I O N from Source -- Silver Viper Minerals Corp./\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC, June 3, 2020\n\n\n\nIn the news release, Silver Viper Closes C$5.1 Million Oversubscribed Brokered Private Placement, issued 03-Jun-2020 by Silver Viper Minerals Corp. over CNW, we are advised by the company that \"Armvest Capital\" in the first paragraph should read \"Amvest Capital (acting through Mann Mann Jensen Partners LP)\". The complete, corrected release follows:\n\nSilver Viper Closes C$5.1 Million Oversubscribed Brokered Private Placement\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n VANCOUVER, BC, June 3, 2020 /CNW/ - Silver Viper Minerals Corp. (\"Silver Viper\" or the \"Company\") (TSX-V: VIPR) is pleased to announce the closing of its previously announced brokered private placement for gross proceeds of C$5,121,775 (the \"Offering\"). The Offering was led by Eight Capital and Red Cloud Securities Inc. as co-lead agents and joint bookrunners, acting on behalf of a syndicate of agents for the Company, including Amvest Capital (acting through Mann Mann Jensen Partners LP) and Eventus Capital Corp. (collectively, the \"Agents\"), and consisted of subscriptions for 14,227,155 units of the Company (the \"Units\") at a price of C$0.36 per Unit. Each Unit consisted of one common share of the Company (a \"Share\") and one-half of one common share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant entitles the holder thereof to acquire one Share at a price of C$0.50 for a period of 24 months from closing.\nAs consideration for their services, the Agents received a cash commission of $218,770, representing a fee of 6% of the gross proceeds of the Offering, other than proceeds from subscribers on the president's list. The Shares and Warrants comprising the Units issued pursuant to the Offering, as well as the Shares issuable upon exercise of the Warrants, are subject to a four month statutory hold per...

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